Dunedin, FL - Dunedin Total Car Care
$2,350,000
1070 Keene Rd, Dunedin, FL 34698
6
Cap Rate
140,981
NOI
Details:
Description:
• There are 9 years remaining on the current lease with 1 (5-year) option to extend
• 3% annual increases provides steady rent growth and provides a hedge against inflation
• The roof was replaced in 2022
• Dunedin Total Car Care has a steady business and maintains a 5-star Google review rating
• The asset is located off the signalized, hard corner intersection of Keene Road and Main St averaging a combined 75,000 VPD
• Main St is the primary East/West retail and commuter thoroughfare serving Dunedin that runs from the intercoastal all the way East into Hillsborough County
• Just West of US-19 (116,500 VPD) and Countryside Mall, which features major tenants like Whole Foods, Macy’s, JCPenney, Nordstrom Rack, and more
• Countryside Mall ranks in the 65th percentile of all super-regional malls according to Placer.ai with 6.9M visitors annually
• The dense residential area and population will provide a direct consumer base
• Across from Granada Plaza (Publix-anchored), which ranks in the 71st percentile (3,401 out fo 12,022) of all nationwide neighborhood centers via Placer.ai
• The Publix ranks in the 96th percentile (43 out of 1,358) of all nationwide Publix locations via Placer.ai
Location

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